$SUI
Long-term Trend:
Strong bullish as long as price stays above $4.00 (EMA 100 on 1D timeframe).
Upside target towards $5.50 - $6.50 in the next few weeks.
Key Supports:
$4.50 (EMA 50 on 1D) → Reasonable correction.
$4.00 → Strong long-term support.
Potential Targets:
Mid-Term: $5.50 (Fibonacci 1.272).
Long-Term: $6.20 - $6.50 (Fibonacci 1.618).
Extension: $7.00 if global macro trend supports.
Recommendation:
Hold long positions as long as Higher High and Higher Low structure remains intact.
Add positions at strong support in case of correction (buy on dip) with tight SL below $4.00.
With this healthy bullish trend, SUI has the potential to continue rising to new psychological levels in the long term! 🚀